Word: slump
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Dates: during 1940-1949
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...million in 1943). The Census Bureau expects the birth rate to level off, for the remaining war years, at about 2.1 million annually. Peace will probably bring a temporary birth boom as war marriages begin producing and postponed marriages get under way; then the birth rate is expected to slump again. The U.S. is faced with the prospect of a declining population within 50 years...
When terminating war contracts, he added, the government might find it profitable in the long run to purchase unneeded war material or cancel contracts only in part so as to prevent an immediate slump in the national economy...
...would be needed farther down. Farmers and other users of water on both sides of the border will eventually pay back the construction cost; power companies are expected to pay 30% of it. If started just after the war, the project would be a regional cushion against a postwar slump...
...California now has three great worries. It fears a terrific employment slump when the demand for its airplanes, ships and other war products stops. It is afraid that its federally owned factories may be nationalized or dismantled. It is afraid that when the war with Germany ends, the war with Japan will keep it absorbed for another couple of years, while the East gets the jump on it in reconverting to peace. Oregon and Washington have had similar booms, now have similar worries. And the industrial fates of the hinterland western states, as suppliers of metals and other raw materials...
...many a road collapsed under the monstrous overload of fixed charges represented by interest on its bonded debt. In its 57th annual report to Congress, ICC hinted that it may soon ask for legislation to convert all railroad fixed-or contingent-interest mortgage bonds into income bonds when earnings slump. Thus bondholders, like stockholders, would be paid only when earnings warranted, and the carriers would not be dragged into bankruptcy courts for failure to earn fixed charges in poor years...